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Plans for that Italian café art guru Larry Gagosian was set to open with Sant Ambroeus owners Gherado Guarducci and Dimitri Pauli have unravelled, at least for now. "They were eager to have us as solid partners, but that project is on hold and it will not open in the Spring,'' says Guarducci. "Larry didn't want to do another Italian café so close to the Madison Avenue Sant Ambroeus." But things are hardly idle: As Grub Street noted previously, the duo are taking over Power Breakfast operations from the Tisch family after the renovation at the Loews Regency, as well as opening a new Italian Grill in the hotel, and they are also opening a new concept in the former Cafe Falai in Soho. The partners say it'll open in August as an all-day restaurant, in the vain of Sant Ambroeus. "It will serve breakfast, lunch and dinner, but we are taking our time deciding on a name,'' says Guarducci. The reason? "We plan on opening a separate Sant Ambroeus in Soho, so we may call it something else," he says. [Earlier, Earlier]